Bitcoin’s Realized Cap Hits a Record $872 Billion Showing Long-Term Holder Conviction

• Bitcoin’s realized cap hits a record $872 billion showing long-term holder conviction.
• The CryptoQuant analyst who made the observation says BTC is far from its bull top price. 
• BTC has now broken through $87,600 price reaching its highest level since April.

The price of Bitcoin recently reclaimed the $87,000 price level drawing attention to the pioneer crypto assets’s realized cap. In detail, according to a CryptoQuant analyst, Bitcoin’s realized cap hit a record $872 billion showing long-term holder conviction and capital market inflows. Indeed, this data concludes the growing strength of Bitcoin adoption and the resilience of the asset’s value. Analysts have thus concluded that Bitcoin (BTC) is far from its cycle top price and will go on to set many new ATH prices in the coming days ahead. 

Bitcoin’s Realized Cap Hits Record High

As we can see from the post above, Bitcoin’s realized cap hit $872 billion signaling strong long-term confidence of BTV holders. The post then suggests that the data supports that Bitcoin may not have reached the top of the market cycle just yet. Furthermore, responses to the post echo the same sentiment with the most popular response talking about the crypto market still being in the early stages of its cycle. 

Additionally, several similar responses at the bullish nature of Bitcoin’s current potential increases expectations for Bitcoin’s next ATHs and cycle top price predictions. In particular, one response says that a strong high-pressure HODLer system keeps BTC’s foundation solid at $872 billion realized cap. These diamond-handed climate patterns suggest seeing more than just a temporary heat wave, but rather a fundamental atmospheric shift in the market. Likewise another response says that smart money is accumulating before the market turns into an overdrive pump phase.

BTC Broke Through $87,600

Mirroring these expectations, Bitcoin shows no signs of slowing down but rather hyper potential that it is ready to run and set much higher ATH prices. As we can see from the post above, the price of BTC broke through $87,600 reaching its highest level since early April. This post also highlights that this new high arrived only after President Donald Trump’s Liberation Day tariffs which caused a sharp decline in overall asset prices. 

The community is pleased to see Bitcoin’s strong performance and mark BTC’s ability to rise amid broader declines are a rather impressive feat. Most seasoned analysts now expect the price of Bitcoin to grow steadily and enter an upward price trend, hopefully taking the price of BTC to much higher 6-digit targets. These price predictions place BTC in a cycle top price expectation range between $250,000 and $350,000.